Swiss National Bank Has $10.55 Million Holdings in Sensata Technologies Holding plc (NYSE:ST)

Swiss National Bank trimmed its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 0.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 294,300 shares of the scientific and technical instruments company’s stock after selling 1,700 shares during the quarter. Swiss National Bank owned about 0.19% of Sensata Technologies worth $10,554,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ST. Advisors Asset Management Inc. raised its position in shares of Sensata Technologies by 2.7% in the first quarter. Advisors Asset Management Inc. now owns 57,166 shares of the scientific and technical instruments company’s stock valued at $2,100,000 after buying an additional 1,517 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of Sensata Technologies during the 1st quarter valued at $1,054,000. Invenomic Capital Management LP grew its holdings in shares of Sensata Technologies by 91.2% during the 1st quarter. Invenomic Capital Management LP now owns 879,192 shares of the scientific and technical instruments company’s stock worth $32,302,000 after purchasing an additional 419,256 shares in the last quarter. Swedbank AB bought a new position in shares of Sensata Technologies in the first quarter worth $1,249,000. Finally, Boston Partners raised its stake in Sensata Technologies by 13.0% in the first quarter. Boston Partners now owns 1,379,250 shares of the scientific and technical instruments company’s stock valued at $50,481,000 after purchasing an additional 158,947 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Performance

NYSE:ST opened at $31.89 on Monday. The stock’s 50-day moving average is $34.49 and its 200-day moving average is $37.22. The stock has a market cap of $4.77 billion, a P/E ratio of -59.05, a price-to-earnings-growth ratio of 0.90 and a beta of 1.25. Sensata Technologies Holding plc has a 1-year low of $30.43 and a 1-year high of $43.14. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. The firm had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The company’s revenue was down 1.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.91 EPS. Equities research analysts anticipate that Sensata Technologies Holding plc will post 3.43 earnings per share for the current year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be given a $0.12 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.51%. Sensata Technologies’s dividend payout ratio (DPR) is presently -88.89%.

Analysts Set New Price Targets

A number of brokerages have issued reports on ST. UBS Group reduced their price objective on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Stifel Nicolaus decreased their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. JPMorgan Chase & Co. cut their target price on Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th. Wolfe Research assumed coverage on Sensata Technologies in a research note on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, TD Cowen dropped their price objective on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $41.00.

Sensata Technologies Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.